21 September, 2017 by Aayush Jindal in Market Analysis
The New Zealand Dollar likely made a short-term top near 0.7430 against the US Dollar.
The NZD/USD is attempting a close below an important support at 0.7330 on the 4-hours chart.
Fed kept the interest rates unchanged, but the central bank’s hawkish tone caught the market attention.
New Zealand Gross Domestic Product in Q2 2017 increased 0.8%, sim...
17 December, 2015 by Aayush Jindal in Fundamental Analysis, Market Analysis, Technical Analysis, USDCAD
US Dollar Gains as Fed Raised Interest Rates
Fed increased the interest rates from 0.25% to 0.5%, as forecasted and as a result, the US Dollar rocketed higher.
EURUSD and GBPUSD dived down and USDCAD traded higher.
The upside in the USDCAD pair was contained by the 1.3850 resistance area, which acted as a barrier.
In New Zealan...